Global industrial robot sales have doubled over the past five years, according to a new study from the International Federation of Robotics (IFR).
In 2017, about 380,000 units were shipped globally, an increase of 30 percent compared with the previous year. The annual sales volume of industrial robots increased 114 percent from 2013 through 2017. The sales value reached a new peak of $16.2 billion in 2017, a 21 percent increase from 2016.